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Re: cabel post# 756

Monday, 06/06/2011 10:31:43 AM

Monday, June 06, 2011 10:31:43 AM

Post# of 1354
NG Cashflow

Still trying to understand.

Sidewinder 1 has a maximum flow through rate of 5000 BOE per day (30,000 divided by 6)

So when you are calculating cashflow should it not be 5,000 X $42 (6 X $7) rather than 5000 X $7 ??

Just wondering as I am new to the oil & gas investment game. I have made a sizeable investment into TAG so trying to make sure I understand the math.

Thanks again for your help.